Managing Director for Property Development Company
4 days ago
**Vacancy: Managing Director**
**Organisation**: Bardale Village Development
**Location**: Cape Town, South Africa
**Reports to**: Board of Directors
**About Bardale Village Development**
Bardale Village Development is a pioneering property development company committed to delivering high-quality, affordable housing and infrastructure for middle-income buyers in underserved areas. With a strong focus on social impact and community upliftment, Bardale Village is building more than homes — we are building stronger, sustainable communities.
**Role Overview**
The Managing Director (MD) will provide overall strategic, financial, and operational leadership for Bardale Village Development. Reporting directly to the Board of Directors, the MD will ensure developments are delivered on time, within budget, and to the highest quality standards, while advancing the company’s mission of affordable housing.
This role requires a commercially astute, hands on leader who can balance financial discipline with social impact. The MD will drive growth, manage risk, oversee large-scale construction and development projects, and represent Bardale Village externally with stakeholders, partners, and regulators.
**Key Responsibilities**
1) **Strategic & Organisational Leadership**
a) Provide overall strategic vision, business planning, and leadership across the organisation.
b) Translate the Board’s objectives into measurable operational outcomes.
c) Drive growth, innovation, and long-term sustainability of the development.
2) **Financial & Cost Management**
a) Establish, monitor, and control annual and project budgets.
b) Ensure accurate financial forecasting, reporting, and compliance.
c) Lead funding strategies, including relationships with banks, investors, and auditors.
3) **Governance & Compliance**
a) Ensure compliance with all legal, regulatory, and contractual obligations.
b) Maintain robust governance frameworks, internal controls, and risk management systems.
c) Report transparently and regularly to the Board.
4) **Construction & Development Oversight**
a) Oversee planning, approvals, and permitting processes.
b) Coordinate architects, engineers, contractors, and consultants to ensure quality standards.
c) Manage multiple sites, ensuring timely delivery, cost efficiency, and mínimal delays.
5) **Procurement & Contract Management**
a) Lead tender processes, contract negotiations, and supplier management.
b) Ensure contracts safeguard the company’s interests and minimise risk exposure.
6) **Sales, Marketing & Business Development**
a) Oversee sales strategies and ensure achievement of annual targets.
b) Build strong estate agent networks and partnerships.
c) Represent Bardale Village to external stakeholders, partners, and the media.
7) **Stakeholder & Community Engagement**
a) Build constructive relationships with homeowners’ associations, municipalities, regulators, and community leaders.
b) Balance commercial imperatives with social impact and community upliftment.
8) **Human Capital & Organisational Culture**
a) Lead, mentor, and motivate staff and contractors.
b) Define clear organisational structures and performance management frameworks.
c) Foster a culture of accountability, integrity, and excellence.
9) **Risk & Insurance Management**
a) Ensure adequate insurance cover across developments.
b) Anticipate and mitigate risks related to finance, construction, sales, and governance.
10) **Homeowners’ Association (HOA) Development**
a) Ensure the establishment and proper governance of HOAs in completed phases.
b) Educate and align stakeholders on HOA responsibilities and obligations.
Key Performance Indicators (KPIs)
- 95% of development milestones met on time and within budget.
- Quality standards consistently achieved (zero critical compliance breaches).
- Delivery of agreed annual sales and revenue targets.
- Operating within approved budgets and cost variances not exceeding 5%.
- Positive cash flow management and timely reporting to the Board.
- Annual sales targets achieved with sustainable absorption rates of new units.
- Marketing campaigns delivered on time, on budget, and with measurable ROI.
- Strong working relationships maintained with contractors, HOAs, municipalities, and community leaders.
- Zero unresolved stakeholder disputes escalated beyond governance channels.
- Defined structures, clear role accountability, and effective performance management in place.
- Staff retention and engagement levels meeting agreed benchmarks.
- 100% compliance with regulatory, financial, and legal requirements.
- Transparent, accurate reporting to the Board and auditors.
**Qualifications & Experience**
- 10+ years of professional experience, including at least 5 years in a senior leadership role in property development, construction, or real estate.
- Postgraduate qualification in Economics, Property Development, Engineering, or Business essential; Master’s or MBA advantageous.
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Cape Town, South Africa Spac Africa Full timeVacancy: Managing Director Organisation: Bardale Village Development Location: Cape Town, South Africa Reports to: Board of Directors About Bardale Village Development Bardale Village Development is a pioneering property development company committed to delivering high-quality, affordable housing and infrastructure for middle-income buyers in underserved...
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